Elegibility of itc credit paid on purchase of motor cars .
This query is : Resolved
12 December 2017
Dear Sir plase let me know the eligibility of ITC paid on purchase of Motor Cars for business purpose by a Ltd Company. And also CGST and SGST paid on Insurance premium on cars.
12 December 2017
ITC on purchase of motor car and insurance available only when it's used for running on hire or as cab.
12 December 2017
Thank you Sir,
But i have called to GST helpline portal regarding the same. But they told me that the ITC on capital goods can be availed.
But i have called to GST helpline portal regarding the same. But they told me that the ITC on capital goods can be availed.
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